Canada’s CPI report will be the headline event next week as inflation continues to roil the economy. We look for year-over-year price growth to hold steady at 6.7% in April. That would match March’s reading Read more…
It’s going to be a full-on week for economic indicators with a barrage of data due that should keep the guessing game going on how much central banks will tighten this year. Australia and the Read more…
Carnival Cruise has a big surprise for its fans and investors (and maybe delivers a perfect day). You can’t watch television without seeing ads for Royal Caribbean (RCL) – Get Royal Caribbean Group Report. The cruise Read more…
Chinese data may kick off more drama in global markets during the Asian session on Monday at 03:00 GMT as urban investment, industrial output, retail sales, and new yuan loans are expected to falter for Read more…
Chinese data may kick off more drama in global markets during the Asian session on Monday at 03:00 GMT as urban investment, industrial output, retail sales, and new yuan loans are expected to falter for Read more…
The Pixel Watch, Google’s first smartwatch. | Image: Google This year’s Google I/O keynote was filled with hardware announcements, which is unusual considering it’s typically a software and services-focused affair. Of these, the most exciting Read more…
Elon Musk’s financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire’s Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a Read more…
Markets Trading on global markets today enters calmer waters to finish a week with quite some wild swings. Early this week, it looked that established trends could simply continue. Long term yields in the US Read more…
AUDJPY has corrected to the 88.00 handle, which is the 50.0% Fibonacci retracement of the 12-week rally from 80.35 until the 95.73 peak. Despite the price failing to snowball below the support barrier formed by Read more…
Daily Pivots: (S1) 127.21; (P) 128.64; (R1) 129.75; More… Intraday bias in USD/JPY is turned neutral with current recovery. But overall, it’s staying in correction to rise from 114.40, and risk will stay mildly on Read more…